Rebirth of a technological power - Chapter 50 A great harvest
Cryptocurrency collapse!
The three major virtual currencies of Bitcoin, Ethereum, and Litecoin all plummeted 99.999%!
The entire virtual currency plummeted and completely collapsed!
Millions of overseas users liquidated their positions, and hundreds of billions of dollars evaporated!
The whole virtual currency is bloody!
You know, the entire virtual currency market has nearly 5,000 virtual currencies!
The rise was so crazy and enthusiastic before, but now it is so miserable.
Cai Jin is in a good mood. During this period, he has received a large amount of cash every day. He has always been in a good mood.
You can work until two or three in the morning every day, get up around seven or eight the next day, and be resurrected with full blood.
Dinner was eaten at home, with a table full of seafood.
Nie Xiaoyu and the others were scrolling through Douyin.
“Hisssssss~~ Blackstone Group is going to acquire Pan Shiyi’s SOHO China. The last news report said that the acquisition price will reach 60 billion yuan. Why is it now announcing a huge loss of 6 billion US dollars?” Nie Xiaoyu was dumbfounded.
“How is it possible? Didn’t Blackstone Group say that its total assets under management reached US$950 billion? How could it lose so much?” Donna looked in disbelief, but then she saw the video and was dumbfounded.
Chen Yushu saw a video: “Look, the virtual currency has collapsed, plummeting 99.999%. Countless people have liquidated their positions and lost all their money! Someone walked up to the rooftop and jumped off the rooftop.”
“Yesterday, there were people queuing up to dance on the rooftop of Wall Street. This… this is too exaggerated. It’s better to die than to live!” Kelly Chen saw the classic scene when she browsed the Douyin video.
New York, the land of wealth in the world, is paradise!
But at the same time, there is a naked dark forest, and it is also hell!
As early as the 1990s, there was a domestic TV series with a classic saying: If you love her, send her to New York, because it is heaven; if you hate her, also send her to New York, because it is hell. !
In China, if someone jumps from a building in a busy city, it will definitely become a national sensation, and people all over the country will talk about it. But in New York, people probably jump from buildings every day.
Financial prosperity means making money quickly, but at the same time, it is also easy to lose everything.
And there, the consequences of losing everything are more terrible than death.
“Fortunately, you sold your Bitcoin before, otherwise you wouldn’t be able to sell it now.” Nie Xiaoyu gave a thumbs up.
Cai Jin smiled.
Just last night, ‘Benben’ stopped completely, and all the money had been transferred to the overseas ABC account.
Hundreds of billions of dollars in the entire virtual currency were wiped out, but in fact he only had $12 billion in overseas accounts!
Twelve billion US dollars can be promoted as a market of hundreds of billions of US dollars. You can imagine how serious the bubble is.
Thinking about his next development funds and solving them in one fell swoop, Cai Jin was in a happy mood and couldn’t help humming a ditty.
The virtual currency world collapsed. Blackstone Group, Digital Currency Group, DFJ and other companies and individuals holding large amounts of Bitcoin suffered heavy losses.
Many billionaires went bankrupt and ended up in debt to banks.
This impact is already brewing in the US stock market. How big the impact will be depends on what happens next.
In March this year, the U.S. stock market experienced circuit breakers three times, and it was a long-lasting phenomenon. I don’t know if there will be another circuit breaker in the U.S. stock market next.
Sure enough, it didn’t take long for the news to break out.
The Dow Jones Index, Su0026P 500 Index, and Nasdaq Index plummeted, triggering circuit breakers and suspending trading.
Cai Jin did not continue to pay attention to the news in this area. After all, he had already pocketed the money, regardless of the flood.
Throughout the factory, orders are constantly increasing.
Complete old orders and new orders will arrive immediately.
More and more workers were recruited, and soon the factory had two shifts, and then three shifts, with one shift lasting eight hours, and the third shift running 24 hours a day.
“These are the community design plan and the primary school reconstruction design plan. Take a look. A review meeting will be held in the city at nine o’clock tomorrow morning.” Nie Xiaoyu came over with two thick design drawings and put them on the table.
Cai Jin flipped through it. He just looked at the floor plan and the main pictures.
Thirty acres of land, a total of five buildings, each building has three units, each unit has two staircases and one staircase for two households. The units are all the same, all 100 square meters, with four bedrooms, one living room, one kitchen and two bathrooms. Each building There are 540 houses on the 18th floor, which can theoretically accommodate 2,160 employees.
The underground parking lot has two floors, and there is an electric vehicle parking lot on the ground.
The initial estimate of the construction cost of the entire community is 110 million!
Cai Jin looked at the design plan of the primary school again. The primary school covers an area of about 30 acres, including kindergarten, primary school, three teaching buildings, an administrative building, a laboratory building, a gymnasium, corridors, rostrum, sports field, Basement, etc., the total investment has reached 100 million!
It also includes a two-hundred-meter road in front of the school.
Cai Jin secretly lamented that money is really not spent now, and two projects have lost 200 million.
“Okay, let’s go to the city together tomorrow. I happen to have some business in the city.” Cai Jin put down the design plan: “By the way, how about the new energy battery factory?”
“The procedures for 2,800 acres of land have just been completed. The town is intensifying efforts to acquire land.” Nie Xiaoyu said: “The design institute is doing planning and design. The planning and design will not be completed until at least after the National Day. The first phase of the factory is already under construction. , Mr. Liu is watching over there.”
“This investment is a bit scary. The total investment reaches 20 billion yuan!” Nie Xiaoyu thought that was an astronomical figure when he thought about it.
Twenty-eight hundred acres, even if one mu of land costs RMB 200,000, the land transfer fee alone will be as high as RMB 560 million!
And the money has still been paid.
“Mr. Liu, please keep an eye on this and try to complete all the procedures and designs this year and start construction after the new year.” Cai Jin said with a smile.
He has US$1.2 billion in overseas accounts, and 82 billion yuan in remittances into the country!
“Where did you get so much money?” Nie Xiaoyu said.
“I’ll take care of the money!” Cai Jin joked, “In the worst case, I’ll sell you for money.”
Nie Xiaoyu rolled her eyes: “You won’t get much money even if you sell me!”
Then he left.
Cai Jin stood by the floor-to-ceiling window and looked outside. There was already a construction site outside, with engineering vehicles moving. Even if the weather was hot, the construction workers were still working enthusiastically.
With the ability to endure hardship and stand hard work, the Chinese never admit defeat!
Three construction sites started construction at the same time, directly consuming all the idle labor force in the entire town.
And this is just the beginning, not the end!
The real big deal is at the new energy battery factory. Once the entire factory is completed, it will have more than 20,000 employees!
Now let alone the county leaders who come to investigate every now and then, the city leaders also attach great importance to it and come down once a week.
As for the new energy battery factory, it can be said that the green light has been given all the way. Otherwise, the 2,800 acres of either forest land or cultivated land would not have been completed so quickly.
The county even set up a working group to serve and protect the entire project.
If Cai Jin had not repeatedly promised that he would not change his mind, the county leaders would have wanted to move to the factory.